Qualcomm CEO Steve Mollenkopf told CNBC on Wednesday that his firm and Apple are “on the doorstep” of settling their ongoing dispute. He told Mad Money host Jim Cramer that they “do talk as companies.” He reiterated that he believes a resolution is likely in the last part of 2018 or early 2019. Apple has accused Qualcomm of taking an unfair cut of each iPhone. Meanwhile, Qualcomm has accused of Apple of stealing and bartering its trade secrets. Mr. Mollenkopf also discussed 5G rollout in the interview. He predicted that the 5G rollout will start in spring 2019.
Qualcomm Is Close To Resolving Yearlong Apple Dispute, CEO Tells Cramer
Qualcomm, Inc. (NASDAQ: QCOM) and Apple Inc. (NASDAQ: AAPL)'s ongoing legal battles could be coming to an end, Qualcomm CEO Steve Mollenkopf told CNBC.